Asos Share Discussion Threads

[moorsie2] 12/4/2016 07:31

sales slightly higher but profit lower..

Lets see how the market responds

[harebridge] 12/4/2016 07:06

Results as expected.

[maloneyt] 11/4/2016 09:31

Whats this.....a tree shake before the big day ??

[donaferentes] 08/4/2016 20:22

Thanks, harebridge - interesting.

ASC share price certainly enjoying a good spree over the last couple of weeks

[maloneyt] 08/4/2016 14:09

Price target raised from 5050 to 5611 by Soc. Gen on 15.1.2016 after the last trading update. All good news

[harebridge] 08/4/2016 13:20

Numis Ups ASOS Profit Forecast On China Closure Plans

[harebridge] 07/4/2016 19:50

ASOS vs Burberry vs Boohoo.comBy MFLong growth runway:ASOS describes itself as "a unique online fashion destination" and its hard to disagree. In addition to its own-brand label, the company offers a curated range of more than 800 brands, and through its "Marketplace" channel gives boutiques the chance to sell new and pre-worn fashion. Competitions, games, news and features via the website, mobile apps and social networks "help give our target customers an online experience they won't find anywhere else on the planet".The punters love it. Revenue has more than doubled in five years, breaking through £1bn last year. It hasn't been all plain sailing, with hiccups including a warehouse fire, and a local operation in China that has proved loss-making, which the company has today announced it's shutting down. However, while profits have hitherto been depressed by considerable investment in the business (and drags such as the China operating costs), they're now set to rocket higher.Analysts have pencilled-in earnings growth of 20% this year, accelerating to 35% next year, putting ASOS on a price-to-earnings growth (PEG) ratio of 1.2 at a current share price of 3,370p, which I think looks a reasonable price to pay for a company with a long growth runway ahead.Strong tailwind:As a mature business -- founded in 1856 -- luxury fashion house Burberry isn't going to post the same stunning sales growth as ASOS. But it's the long heritage of a distinctly British brand that is Burberry's strength, giving it an enduring appeal, both at home and abroad.The luxury market has been tough in some territories of late, and, as a result, Burberry's shares are currently priced at 1,287p, some 30% below their 52-week high. Trading on 18 times earnings, I see the shares as good value on the grounds that the long-term story of rising wealth in developing economies should provide a great tailwind for the timeless Burberry brand for decades to come.High growth potential:Own-brand online specialist Boohoo delivers bang-on-trend fashion at a cheap price point, sold through aspirational imagery and the kind of social media engagement that appeals to its 16-24 year old target age group. Rag-trade veterans with a highly efficient product sourcing model are behind the company, and it's growing fast.The shares have risen strongly over the last year as the market has come to appreciate the growth potential of a business whose current revenue is only around a tenth that of ASOS. Despite the rise in Boohoo's shares to 43p, the forward PEG ratio is still only on a par with ASOS's 1.2, so I believe Boohoo remains reasonably priced.

[donaferentes] 07/4/2016 15:46

Has China not just raised import taxes massively, including tarifs on on-line sales delivered into China? So could be a strategic cessation of business whilst they negotiate the situation?

[arjun] 07/4/2016 15:14

Afternoon allMoorsie2, good point indeed but share price is still up...what do we expect next week?Kind regardsArjun

[moorsie2] 07/4/2016 14:53

I do not understand this announcement - seems like a recognition that the stuff they told us in the past was B.S or they did not know what they were doing.

Read this from the Results released in Oct 2014 for Year end 31st Aug 2014

----------------------

Global expansion



We continued to enhance our proposition in our key international strategic territories of the US, Australia, France, Germany, Russia and China with improvements to our delivery proposition and the introduction of new locally relevant payment methods. However, international trading conditions have been difficult, particularly as a result of adverse foreign exchange rate movements which impact the local competitiveness of our pricing. In response, we will commence restoring the competitiveness of our international offer in the new financial year. We also recently realigned and refocused our international team, and our near-term focus will be on generating growth in sales and market share within our existing strategic markets before introducing any significant new initiatives in other fast-growing territories. We expect to be in a position to recommence launching new country-specific websites in twelve months' time, most likely in Europe.



We invested £8.6m in our China operation during the year and, whilst the challenges of operating in China have resulted in slower progress than expected, we have gained understanding of this market and recently launched on the T-mall e-commerce platform to increase brand awareness and market share. We continue to learn lessons from the China market and are confident that we will deliver a profitable operation in this territory over the medium-term.


---------------------------


This news today is a huge Volte Face - and it raises the questions in my mind

1. What else is going wrong in strategy implementation and is it the start of drip drip back news ?

2. How confident can we be in the rest of the strategy that we are being fed today ??

[liquidkid] 07/4/2016 12:45

In a stroke they've just burnt up a massive chunk of the FY profits
This should be down 20-30%

[harebridge] 07/4/2016 10:21

Strange news out of China. Carrying on operations, but stopping local sales! The cost for this exit will be £10 million.On a positive note, price action over the last month suggests that results out next week should be pretty good.

[moorsie2] 05/4/2016 10:56

My guesses

Retail sales from 535M to 655M for first 6 months +22%

Retail margin at 46.5% (down 30bps)

Ebitda up 5M up 28%

[moorsie2] 04/4/2016 11:25

What's the consensus projections for half year results?

lets start the predictions

Turnover & growth%

Margin percentage in total

Margin % of growth

Ebitda

[maloneyt] 01/4/2016 18:05

Up 1.5% on a market down day ........Fantastic. I wonder what the price will be when the shorts close positions?

[saturn5] 31/3/2016 11:38

projected targets


37 and 42

[arjun] 30/3/2016 10:41

Pleasure... Moving up nicely

[maloneyt] 27/3/2016 15:46

Many Thanks ARJUN

[saturn5] 26/3/2016 16:19

If the results are good we should see an share price rise before then
There no secrets in the stock market.
I would like to see the company sold for say £50 a share to those
that hold nearly 29% of the shares

[arjun] 25/3/2016 15:10

Morning all,12 April half year results, I remember seeing on website.Kind regardsArjun

[maloneyt] 25/3/2016 12:54

anyone knows when the next set of results are due out pls. asos don't seem to have reported a date yet

[donaferentes] 24/3/2016 14:31

Holding up pretty well in face of NEXT's 14% plunge today. Maybe we'll be in the afternoon selling shift?